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Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
11.3.2023
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the dollar
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
11.3.2023
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty
USDC depegs as Circle confirms $3.3B stuck with Silicon Valley Bank
11.3.2023
At the time of writing, USDC lost 3% of its value as it traded at $0.969, and a Circle executive envisions broader implications for business, banking and entrepreneurs without a Federal rescue plan
Circle discloses $3.3B tied up at Silicon Valley Bank
11.3.2023
Circle joined other customers and depositors in calling for the continuity of SVB in the US economy
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
11.3.2023
USDC dropped to $0.973, its lowest level since the collapse of FTX
Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play
10.3.2023
The prospects of Elon Musk abandoning Dogecoin would be dire for DOGE price in both Bitcoin and USD terms
Crypto Billionaire Arthur Hayes Proposes Bitcoin-Based USD Stablecoin – How Would it Work?
9.3.2023
Crypto billionaire Arthur Hayes has put forward the idea of a Bitcoin-based stablecoin whose value is pegged to the sum of $1 worth of Bitcoin and one inverse perpetual swap of BTC against USD. ...
Read More: Crypto Billionaire Arthur Hayes Proposes Bitcoin-Based USD Stablecoin – How Would it Work?
Curve Yield Farmers Rush to Deploy $60M on Newly Launched Conic Finance, Capture 21% APY on USD Coin
8.3.2023
Conic is the latest player in the game to offer unlocked yield rewards from the prominent DeFi protocol Curve to users
Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
6.3.2023
Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment
6.3.2023
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model
Bybit introduces Mastercard-powered debit card days after halting USD transfers
6.3.2023
Bybit is set to roll out Mastercard-powered debit cards, allowing users to pay for goods and services with cryptocurrency holdings
Crypto Exchange Bybit Suspends USD Deposits
6.3.2023
The exchange announced the suspension on Saturday, adding that withdrawals through wire transfers, including SWIFT, will be halted from March 10
Bybit Becomes Latest Crypto Exchange to Suspend USD Bank Transfers – What's Going On?
5.3.2023
Bybit, one of the largest cryptocurrency exchanges in the world, has announced the suspension of USD deposits via bank transfer due to "service outages from a partner."
"We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) due to service outages from our end-point...
BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea
5.3.2023
Chatcasso won the first prize in the BNB Chain hackathon for creating an AI-powered tool for creating NFTs and won $5,000 in BUSD, held in Seoul between Dec. 17 to 19, 2022
Bybit halts USD bank transfers citing partner outages
4.3.2023
Dubai-based Bybit is the latest crypto exchange to suspend USD wire transfers claiming partner disruptions
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
4.3.2023
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire...
Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
3.3.2023
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
3.3.2023
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar
Binance USD market cap falls below $10B amid rising regulatory concerns
3.3.2023
As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022
Shiba Inu Price Prediction - SHIB at Bottom of Current Range is a Buy Signal for Traders
28.2.2023
Investors appear to have retreated to the sidelines with cryptocurrencies across the board left in the hands of the bears. The second most popular meme coin, Shiba Inu has fallen from its recent 2023 high of $0.00001590 to trade at $0.00001235 as regulatory pressure bites. However, SHIB’s...